Kohl's (KSS) is reducing its corporate workforce by about 10% to improve its efficiency and profitability, according to multiple media reports published Tuesday.
A spokeswoman told The Wall Street Journal that the job cuts will affect fewer than 400 roles, with more than half of the reductions from now-vacant positions. No timeline was disclosed.
Kohl's did not immediately respond to MT Newswires' request for comment.
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